XTY Labs, the new division established by XTX Markets, has launched a program to promote algorithmic trading research driven by machine learning.。The program, dubbed the "AI Resident Program," aims to explore the intersection of finance and machine learning.。

According to the press release, the AI Resident Program includes two different categories: Junior AI Resident and Senior AI Resident。Internships range from 6 months to 12 months, and interns will conduct pioneering research under the guidance of Dr. Atlas Wang and the XTX quantitative research team.。

The role of XTX Markets' AI residency program

XTY Lab in New York City to launch in 2024。According to XTX Markets, the lab is at the center of algorithmic trading research.。Currently, the platform is actively seeking researchers to join the AI residency program.。

We are pleased to announce the launch of our new machine learning division, XTY Labs! This will be the home of the new XTY Labs AI Residency Project, offering researchers short-term AI residency contracts ranging from 6-12 months: https: / / t.co / NCl56CmoZx pic.Twitter.com / ebPR2HMNGR

— XTX Markets (@xtxmarkets) February 22, 2024

Artificial Intelligence Resident at XTY Labs Will Engage in Pioneering Research to Develop Original Machine Learning Algorithms。Leverage its expertise in natural language processing, time series analysis, and more。With a focus on practical applications, participants will work with the quantitative research team at XTX Markets to tackle the complex challenges of finance。

Basic qualifications include a PhD or upcoming PhD, strong proof of research capability, mastery of modern deep learning architectures, and solid programming skills。Ideal qualities include expertise in developing fundamental models, multi-modal frameworks, and managing large data sets。

Salary and interview process

The basic monthly salary of the AI resident staff ranges from $40,000 to $50,000 and has the opportunity to advance in XTX Markets。The interview process assesses the candidate's research experience, machine learning ability, mathematical acumen, and programming skills through multiple stages, including discussion with the research director and hands-on

XTX Markets is one of the leading liquidity providers in the global Forex market。According to information on its website, the company has a market share of more than 18% in European spot stock exchanges.。XTX launched the European Cash Equity System Internal Dealer (Systematic Internaliser) in 2018 and a single dealer platform in the US in 2021.。

According to Bloomberg News, XTX Markets founder Alex Gerko (Alex Gerko) last year with 4.£8.7bn contribution tops UK taxpayer list。Eight years ago, Gerko founded XTX Markets and transformed his company into a quantitative trading firm.。Coordinated daily trading volumes of nearly $300 billion across different markets, including equities, commodities, currencies and fixed income。